Mumbai: Reliance Jio Infocomm Ltd (RJIL) has posted a net profit of Rs2520 cross in A of FY 21, up by 182.8% compared to the corresponding period of FY20.
The total standalone operating revenue during the April-June 2020 period was 16,557 core. The revenue growth was 33.7% YoY.
Jio has successfully completed India’s largest ever Rights Issue of Rs 53,124 crore (oversubscribed by 1.59 times) – world’s largest by a Non-Financing Institution in last ten years.
Jio Platforms Limited, a wholly owned subsidiary of Reliance Industries Limited, raise Rs 152,056 crore from leading global investors including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF, Intel Capital and
Qualcomm Ventures in just three months.